Last update: Oct 2026

Cost of Living Comparison Between Lakewood, WA and Lima

For one person, living is cheaper in Lima: $1,014 a month against $3,284 in Lakewood, WA, rent and utilities included – about $27,200 less a year. Rent and utilities account for most of the difference.

158

Cost of Living Index in Lakewood, WA
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Lakewood, WA Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Lakewood, WA

🇺🇸 United States

$3,284

/mo nomad

Lima

🇵🇪 Peru

$1,014

/mo nomad

Monthly Cost of Living

How much you'll spend in Lakewood, WA and in Lima

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lakewood, WA and in Lima actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,284 in Lakewood, WA versus $1,014 in Lima.

Lakewood, WA $3,284
Lima $1,014

Estimated couple costs with rent: $4,777 in Lakewood, WA versus $1,613 in Lima.

Lakewood, WA $4,777
Lima $1,613

Monthly costs for a family of three with rent: $6,270 in Lakewood, WA versus $2,211 in Lima.

Lakewood, WA $6,270
Lima $2,211

Living in Lakewood, WA is roughly 224% more expensive than in Lima, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lakewood, WA is 142% above, Lima is 25% below.

Meal at Budget Restaurant

$18.09 $18.09

$4.42 PEN 15.19

309.28%

Three-Course Dinner for Two, Mid-Range

$67.6 $67.6

$34.56 PEN 119

95.63%

Fast Food Meal (McDonalds, etc)

$12.71 $12.71

$6.80 PEN 23.37

86.91%

Cappuccino

$5.20 $5.20

$3.30 PEN 11.34

57.58%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.98 $2.98

$1.06 PEN 3.64

181.13%

Water (0.33 liter bottle)

$2.05 $2.05

$0.66 PEN 2.26

210.61%

Local Beer (0.5 liter draught)

$3.90 $3.90

$2.54 PEN 8.71

53.54%

Imported Beer (0.33 liter bottle)

$6.10 $6.10

$4.24 PEN 14.55

43.87%

Milk (1 liter)

$1.02 $1.02

$1.58 PEN 5.43

-35.44%

White Bread (500g)

$3.68 $3.68

$2.61 PEN 8.97

41.00%

Rice (white) (1kg)

$4.24 $4.24

$1.34 PEN 4.60

216.42%

Eggs

$3.92 $3.92

$2.93 PEN 10.08

33.79%

Local Cheese (1kg)

$13.72 $13.72

$9.45 PEN 32.45

45.19%

Chicken Fillets (1kg)

$8.69 $8.69

$5.75 PEN 19.75

51.13%

Beef Round Steak (1kg)

$11.21 $11.21

$9.69 PEN 33.29

15.69%

Apples (1kg)

$4.38 $4.38

$2.02 PEN 6.95

116.83%

Banana (1kg)

$1.94 $1.94

$1.07 PEN 3.66

81.31%

Oranges (1kg)

$4.16 $4.16

$1.37 PEN 4.70

203.65%

Tomato (1kg)

$4.52 $4.52

$1.47 PEN 5.05

207.48%

Potato (1kg)

$1.97 $1.97

$0.95 PEN 3.25

107.37%

Onion (1kg)

$2.15 $2.15

$0.91 PEN 3.14

136.26%

Lettuce (1 head)

$2.02 $2.02

$0.90 PEN 3.10

124.44%

Water (1.5 liter bottle)

$2.49 $2.49

$0.89 PEN 3.04

179.78%

Cigarettes 20 Pack (Marlboro, Camel)

$12.36 $12.36

$5.74 PEN 19.71

115.33%

Wine (Bottle)

$15.84 $15.84

$9.21 PEN 31.64

71.99%

Local Beer (0.5 liter bottle)

$1.98 $1.98

$1.84 PEN 6.31

7.61%

Imported Beer (0.33 liter bottle)

$4.15 $4.15

$3.11 PEN 10.67

33.44%

One-way Ticket (Public Transport)

$2.04 $2.04

$0.72 PEN 2.46

183.33%

Public Transport Monthly Pass (Regular Price)

$197 $197

$26.03 PEN 89.4

656.01%

Taxi Start (Normal Tariff)

$2.02 $2.02

$3.54 PEN 12.17

-42.94%

Taxi (Normal Tariff) (1km)

$0.64 $0.64

$2.07 PEN 7.12

-69.08%

Taxi 1hour Waiting (Normal Tariff)

$27.31 $27.31

$7.75 PEN 26.62

252.39%

Gasoline (1 liter)

$1.34 $1.34

$1.71 PEN 5.86

-21.64%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.1K $28.1K

$21.6K PEN 74.1K

30.14%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.3K $26.3K

$28.6K PEN 98.2K

-7.97%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$289 $289

$68.2 PEN 234

323.67%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$74.0 $74.0

$15.73 PEN 54.0

370.38%

Internet (50+ Mbps, Unlimited Data)

$89.5 $89.5

$26.48 PEN 90.9

237.99%

Gym Membership (Monthly)

$41.00 $41.00

$33.94 PEN 117

20.80%

Tennis Court (1 Hour on Weekend)

$24.97 $24.97

$20.10 PEN 69.0

24.23%

Cinema Ticket

$18.08 $18.08

$7.22 PEN 24.80

150.42%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,965 $1,965

$201 PEN 689

879.29%

International Primary School, 1 Child (Yearly)

$25.7K $25.7K

$12.9K PEN 44.3K

98.88%

Jeans (Levis 501 Or Similar)

$50.1 $50.1

$53.7 PEN 184

-6.74%

Summer Dress (H&M, Zara, etc)

$38.11 $38.11

$35.88 PEN 123

6.22%

Sport Shoes (Adidas, Nike)

$100 $100

$83.8 PEN 288

19.56%

Men's Leather Business Shoes

$136 $136

$78.8 PEN 271

72.68%

1-bedroom Apartment, City Center (Monthly)

$1,961 $1,961

$729 PEN 2,505

168.81%

1-bedroom Apartment, Outside City Center (Monthly)

$1,733 $1,733

$349 PEN 1,197

397.09%

3-bedroom Apartment, City Center (Monthly)

$3,365 $3,365

$1,186 PEN 4,073

183.73%

3-bedroom Apartment, Outside City Center (Monthly)

$3,047 $3,047

$696 PEN 2,391

337.58%

Buy Apartment in City Center (m2)

$2,359 $2,359

$2,360 PEN 8,105

-0.06%

Buy Apartment Outside City Center (m2)

$2,606 $2,606

$1,356 PEN 4,657

92.16%

Average Monthly Net Salary (After Tax)

$663 PEN 2,278

20-Year Fixed Mortgage Interest Rate (Annual %)

6.81

8.78

-22.44%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Lakewood, WA: October 19, 2026

Last update for Lima: October 17, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Lakewood, WA

$1.7K 52.8%

Lima

$349 34.4% 79.9% $1.4K

Monthly Utilities & Internet

Lakewood, WA

$452 13.8%

Lima

$110 10.9% 75.6% $342

Groceries & Markets

Lakewood, WA

$369 11.2%

Lima

$227 22.4% 38.4% $141

Eating Out

Lakewood, WA

$297 9.1%

Lima

$123 12.2% 58.4% $174

Getting Around

Lakewood, WA

$210 6.4%

Lima

$43 4.2% 79.6% $167

Clothing & Footwear

Lakewood, WA

$146 4.5%

Lima

$113 11.2% 22.3% $33

Sport & Entertainment

Lakewood, WA

$77 2.4%

Lima

$48 4.8% 37.3% $29

Cost Breakdown

A one-bedroom apartment in the center runs $1,961 in Lakewood, WA and $729 in Lima. Housing cost is often the main lever when comparing two cities.

Dining out: $68.0 in Lakewood, WA vs $35.00 in Lima for a mid-range dinner for two. Groceries echo the gap at $369 vs $227 per month, with Lima cheaper across the board.

Good to know

🇺🇸 Lakewood, WA

🇵🇪 Lima

🕒 Local time

05:24 5:24 AM

07:24 7:24 AM

2 h ahead of Lakewood, WA

🌤 Weather

👥 Population

140,024

9,989,369 Capital

💱 Currency

United States Dollar USD $

Peruvian Sol PEN S/

📈 Exchange rate

1 USD = 0.89 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, EUR to USD – United States Dollar Converter

🇵🇪 Peruvian Sol (S/)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Peruvian Sol exchange rates as of October 22, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

PEN to USD in detail →

On the map

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Lakewood, WA Lima 7,980 km ≈ 10 h nonstop flight

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Lakewood, WA vs Lima: Cost of Living - Frequently Asked Questions

Lakewood, WA and Lima differ by about 224% in total monthly costs ($3,284 vs $1,014 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $4,926 in Lakewood, WA and $1,522 in Lima to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,961 in Lakewood, WA versus $729 in Lima. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lima – a meal for two runs $35.00 versus $68.0 in Lakewood, WA. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $3,284 per month in Lakewood, WA versus $1,014 in Lima – a 224% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,014 in Lima versus $3,284 in Lakewood, WA, a $2,000 budget is realistic in Lima but tight or insufficient in Lakewood, WA. The gap between the two cities makes Lima the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Lakewood, WA and Lima are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Lima gentler on the wallet – expenses run 224% less than in Lakewood, WA. Beyond cost, consider language, visa policies, and how big the international community is in each city.